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First Community Bancshares: 1Q Earnings Snapshot

BLUEFIELD, Va. (AP) _ First Community Bancshares Inc. (FCBC) on Tuesday reported first-quarter profit of $9.6 million.

The bank, based in Bluefield, Virginia, said it had earnings of 60 cents per share. Earnings, adjusted for non-recurring gains, were 52 cents per share.

The holding company for First Community Bank posted revenue of $31.7 million in the period. Its revenue net of interest expense was $30.3 million, exceeding Street forecasts.

First Community Bancshares shares have risen 9 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $34.36, an increase of 11 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FCBC at https://www.zacks.com/ap/FCBC